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The Hut Group reports record annual sales, but warns on profit margins

The Hut Group (THG) has reported a strong increase in revenue in its full-year trading update but said its profit margins are expected to be lower than analysts’ previous estimates. In the 12 months to December 31, the British e-tail giant reported record revenue of 2.2 billion pounds, up 37.9 percent compared to last year and up 95 percent...

18 Jan 2022